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| Quality Inn at Carowinds, Fort Mill, SC |
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| Robert S. Hunter |
FORT MILL, S.C., June 28,
2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate
investment services firm with offices throughout the United States and Canada,
today announced the sale of Quality Inn
at Carowinds, a 68-room hotel located in Fort Mill, S.C. The asset sold for
$3,840,000.
“This was an opportunity to acquire
a recently renovated asset in the Charlotte metropolitan area across the street
from the Carowinds Amusement Park which recently underwent a major expansion,”
says Robert S. Hunter, a senior
associate in Marcus & Millichap’s Fort Lauderdale office. “The buyer will
be able to capitalize on localized growth within a rapidly expanding top-25
market.”
Hunter along with David M. Greenberg, a first vice
president investments also in the firm’s Fort Lauderdale office, represented
the seller and buyer in the transaction. Raj
M. Ravi is the firm’s South Carolina broker of record.
Quality Inn at Carowinds
is a 68-room, limited-service lodging facility located in the Charlotte, N.C.
MSA. The hotel is situated across the street from Paramount's Carowinds
Amusement Park at Exit 90 of Interstate 77 and it is adjacent to the Lakemont
Business Park. Uptown Charlotte, Pineville and Rock Hill S.C., the
Charlotte-Douglas International Airport and Interstate 77 are also nearby.
The hotel is located at
3560 Lakemont Boulevard in Fort Mill, S.C.
For a complete copy of the company’s news release,
please contact:
Ryan Nee
Vice President / Regional
Manager
Fort Lauderdale, FL
(954) 245-3400
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